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I would just point out to all the people bringing up digibyte that myriadcoin was the original five algo coin that dgb forked from. Also, it seems dgb development has stalled while myriad is in the process of releasing a rebase to Bitcoin v0.11.2. So, if multi algo is chosen as the way to go, probably better to fork from myriad and bring verge up to date with a modern btc codebase.
This is a very valid point.
Just out of curiosity, by adopting another POW algo, has there been any consideration to any (if any) technical debt changing might incur?
What do you mean by technical debt? It would require a hard fork, which is pretty safe for healthy altcoins. We're not in a position like bitcoin where we would have to reach out to such an enormous global network of miners (yet!).
Scrypt miners on lower profit margins would get pushed off the network (or switch to merge mining?), but miners from the other algorithms would come online, sending the overall hash rate to new highs.
Technical Debt: https://en.wikipedia.org/wiki/Technical_debt
"The debt can be thought of as work that needs to be done before a particular job can be considered complete or proper. If the debt is not repaid, then it will keep on accumulating interest, making it hard to implement changes later on. Unaddressed technical debt increases software entropy. Also known as a feature gap."
Just wondering if this has been a consideration.
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but miners from the other algorithms would come online, sending the overall hash rate to new highs.
Are you saying that in a multi algorithm system that those that use other protocols e.g. X11, will get more coins opposed to those that mine on algorithms that are not desired?
